TechFlow reports that on March 17, dfinzer.eth, co-founder and CEO of OpenSea, announced via a post that the OpenSea Foundation has postponed the $SEA token launch originally scheduled for March 30. The postponement is due to the current challenging crypto market environment, and the team wishes to ensure all preparations are fully in place before proceeding.
In response, OpenSea has announced the following compensation measures: the current rewards wave will be the final one; users who participated in Waves 3–6 of the rewards program may opt for a refund of platform fees, but those selecting this option will forfeit their Treasure rewards; users who already hold Treasures retain all existing rights, and the Foundation will prioritize these holders during the Token Generation Event (TGE); a 60-day zero-fee policy will take effect starting March 31, after which a more competitive fee structure will be introduced. dfinzer stated that the new timeline for the token launch will be announced by the Foundation once conditions are ripe.
